Olivia Raimonde

(Bloomberg) -- High-grade corporate bond sales in the US this year have climbed to the second-highest level on record as companies rush to take advantage of relatively affordable borrowing costs before the year ends.

It's another step toward transparency in a market where hyper-competitive banks have historically hoarded pricing information.

Olivia Raimonde 2 min read In This Article (Bloomberg) -- AppLovin Corp. is making its debut in the US investment-grade bond market after being upgraded to blue-chip status.

(Bloomberg) -- The anything AI frenzy has made its way into the high-grade bond market, helping a company shunned by Silicon Valley’s money just a decade ago to take on a $3.5 billion blue-chip borrowing that saw demand eight times that much.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyParis to Replace Parking Spaces With TreesTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Prob

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Olivia Raimonde and Will Kubzansky 2 min read In This Article

In This Article EIX (Bloomberg) -- Edison International's shares and bonds fell on Wednesday as a wildfire raged across the Los Angeles region, close to areas served by the company's utility unit.

Citadel LP, the hedge fund manager founded by Ken Griffin, is looking to raise at least $500 million through a corporate bond sale, according to people with knowledge of the transaction.

People who’ve lost their homes have faced yearslong battles to recover payouts as insurers deal with a surge in claims arising from more destructive wildfires.

January 22, 2025 Annie Compton had just put her two young daughters to bed when she heard pounding on the front door. “You gotta get out, you gotta get out now,” her neighbor said.